Page 18 - Latest Updates on Artificial intelligence
Chipmaker Nvidia plans to invest up to $100 billion in startup OpenAI
The companies unveiled a letter of intent for a landmark strategic partnership to deploy at least 10 gigawatts of Nvidia chips for OpenAI's AI infrastructure
 "Chipmaker Nvidia plans to invest up to $100 billion in startup OpenAI")
AI's $800 billion revenue shortfall threatens industry growth, says Bain
By 2030, AI companies will need $2 trillion in combined annual revenue to fund the computing power needed to meet projected demand, Bain said in its annual Global Technology Report
 "AI's $800 billion revenue shortfall threatens industry growth, says Bain")
AI is at an extreme: Market cap, returns, capex surpass tech-bubble highs
The believers are convinced that AI will solve the demographic and fiscal challenges of the West
 "AI is at an extreme: Market cap, returns, capex surpass tech-bubble highs")
Dell-Nvidia platform helps Zoho in 'accelerating' AI solutions delivery
Zoho is leveraging the Dell AI Factory with NVIDIA to scale its multimodal LLMs and agentic AI tools, ensuring secure, privacy-first infrastructure aligned with India's data rules
 "Dell-Nvidia platform helps Zoho in 'accelerating' AI solutions delivery")
Nvidia to invest $5 bn in Intel to co-develop chips, expand AI platforms
The move comes almost two weeks after US President Donald Trump signed a deal with Intel to acquire a 10 per cent stake in the company to revive the struggling chipmaker
 "Nvidia to invest $5 bn in Intel to co-develop chips, expand AI platforms")
AI governance framework to be released by September 28, says Vaishnaw
The high-profile summit is expected to draw participation from several nations and heads of state, with further details likely to be announced closer to the event, the minister said
 "AI governance framework to be released by September 28, says Vaishnaw")
Tech Wrap Sept 18: Meta Ray-Ban Display, Google Discover, Zoom AI companion
Meta Ray-Ban Display launched. Google Discover feed. Zoom introduced AI Companion 3.0. Microsoft Notepad with AI tools. Google Meet adds 'Ask Gemini AI'. Android 16 QPR2 beta 2
 "Tech Wrap Sept 18: Meta Ray-Ban Display, Google Discover, Zoom AI companion")
Zoom introduces cross platform AI notetaker in latest update: What's more
Zoom AI Companion 3.0 adds cross-platform support, smart note-taking, AI avatars, scheduling tools, and custom agents to boost meeting productivity
 "Zoom introduces cross platform AI notetaker in latest update: What's more")
Google Meet adds 'Ask Gemini AI' to summarise, catch up, and more: Details
Google's Ask Gemini in Meet brings AI summaries, recaps, and action item tracking for Workspace users, targetted at improving meeting productivity
 "Google Meet adds 'Ask Gemini AI' to summarise, catch up, and more: Details")
Meta launches $799 Ray-Ban smart glasses with built-in display, AI features
In an interview ahead of their launch, Chief Technology Officer Andrew Bosworth called the new glasses "the first serious product" in the space
 "Meta launches $799 Ray-Ban smart glasses with built-in display, AI features")
AI startup EvoluteIQ secures $53 mn to scale agentic automation tech
Enterprise automation startup EvoluteIQ has raised $53 million from Baird Capital to expand globally, scale R&D in Bengaluru and develop next-generation agentic AI systems
 "AI startup EvoluteIQ secures $53 mn to scale agentic automation tech")
Groq more than doubles valuation to $6.9 bn as investors bet on AI chips
Groq, founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalize on hundreds of millions of dollars in investments on AI infrastructure
 "Groq more than doubles valuation to $6.9 bn as investors bet on AI chips")
Market to rally if nominal growth improves, earnings pick up: Chris Wood
India has not done badly-it's just that other markets have done better, Wood said. For India, he believes, the inflows from domestic investors have been critical in preventing a correction.
 "Market to rally if nominal growth improves, earnings pick up: Chris Wood")
Stellaris Venture Partners to focus on consumer, AI, and deeptech
The VC firm will tap its $300 million Fund III to invest in at least 30 companies over the next three-and-a-half-year period, with different ticket sizes depending on stage
 "Stellaris Venture Partners to focus on consumer, AI, and deeptech")
AI and automation top priorities for Indian corporate treasuries: EY
EY India's 2025 corporate treasury survey shows leaders moving from AI pilots to real-world applications, with automation and digital fluency at the core
 "AI and automation top priorities for Indian corporate treasuries: EY")
'Mid, smallcaps expensive, but smart stock picking can generate alpha'
With Dussehra and Diwali in October 2025, followed by the wedding season, we expect the benefits of pent-up demand to be fully captured during Q3FY26, says Agrawal
 "'Mid, smallcaps expensive, but smart stock picking can generate alpha'")
Push for more AI funds: Industry wants IndiaAI Mission outlay doubled
MeiTY, according to a senior govt official, has received no such proposal and it is not considering any such move
 "Push for more AI funds: Industry wants IndiaAI Mission outlay doubled")
AI startup Sentient launches open AGI network for 2 million users
Nailwal calls this launch "a pivotal moment where India proves it can define the AI future - not just follow it"
 "AI startup Sentient launches open AGI network for 2 million users")
Microsoft 365 apps get free Copilot Chat integration: Here's how it works
Microsoft 365 Copilot Chat rolls out across Office apps for no additional cost, with AI tools to draft, analyse, and automate tasks while premium features unlock advanced capabilities
 "Microsoft 365 apps get free Copilot Chat integration: Here's how it works")
Gemini's Nano Banana: How Google's AI creates lifelike photo edits
Google's Nano Banana, powered by Imagen 4 in the Gemini app, uses LLMs, diffusion models, and watermarking to produce more realistic and consistent AI images
 "Gemini's Nano Banana: How Google's AI creates lifelike photo edits")
